Private equity firm Privateer Holdings is looking to pioneer the future of the legal cannabis industry. The company closed a $100 Million funding round in January to further its investment in cannabis start-ups. Privateer Holdings CEO Brendan Kennedy describes how the company is planning to use this new surge in funding.
"A lot of the opportunities that we are looking at right now are outside of the United States," says Kennedy. "We'll deploy more than half of this round outside of the U.S. where we see Canada this year legalizing Cannabis for adult use."
Four companies in Privateer Holding's portfolio include Leafly, Tilray, Marley Natural, and The Goodship.
In the face of unprecedented disruptions to the way people around the world work, socialize, live and play, events for cannabis holiday 420 have migrated online to bring isolated cannabis users together on a day that's considered all about community.
Footwear giant Nike is trying out a new business playbook to meet the needs of brand-loyal consumers amid the coronavirus pandemic.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Hesam Hosseini, CEO of Match told Cheddar Friday that despite being stuck at home, people are still looking to mingle.
NASA and SpaceX have chosen May 27 for resuming astronaut launches from the U.S. after nine years. NASA Administrator Jim Bridenstine announced the launch date Friday.
Danielle Allen, director of the center, told Cheddar that ending quarantine will require a robust social effort involving potentially thousands of workers and brand new technology solutions.
Matanya Horowitz, founder AMP Robotics, talked with Cheddar about how its robots could help recycling plant workers keep theri social distance from each other.
As healthcare workers risk their lives to treat patients amid the coronavirus pandemic, many organizations are providing much-needed support to the workers on the frontlines.
NBCUniveral’s anticipated streaming service, Peacock, launched on Wednesday for free to select Comcast customers with Xfinity 1 and Flex service.
Tatyana Popkova, chief strategy officer for the health system, talked to Cheddar about how the innovative medical center was designed to take on challenges such as a patient surge from a pandemic.
